Tracking the market and economic trends that shape your finances.

The upwardly mobile mortgage meltdown

August 30, 2010 | 10:31
am

As the housing downturn continues to unfold, segments of the market are feeling the pain at different times. While Los Angeles County experienced the bulk of homes reverting to bank ownership in 2008, the numbers of foreclosures in the $1 million and up market are still on the rising -- signaling that in some price ranges it's not over yet.

That The Times would choose to report on this has been described in various reader responses to the article as "obscene" and "thought provoking." Here's your chance to add your two cents.